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Managing Business in Nigeria: Challenges and Prospects

I do not profess to have superior knowledge of issues involved in the management of business in Nigeria, but as a businessman, I will make effort to share practical insights from my experience of managing a business in our dear country in the past decades. I expect that through that, we shall see some of the challenges of doing business in Nigeria and at the same time, appreciate the prospects that they provide for us.

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Challenges facing MSMEs in Nigeria

IT is the responsibility of government to provide employment and security for the people, among other things. However, since government cannot provide full employment for the people, what it does is to provide the enabling environment for non-state actors to bridge the gap. These non-state actors include small and medium scale enterprises, among others.

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Eagles face daunting challenges in 2016

2015 was a bonfire of celebrations for Nigerian football following Eaglets victory at the FIFA U-17 World Cup in Chile and the Under-23’s triumph at the AFCON U-23 Championship in Senegal but 2016 will present daunting challenges to the Super Eagles, who have a mountain to climb to qualify for the 2017 AFCON in Gabon and FIFA 2018 World Cup in Russia.

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Nigeria: Political challenges, and the Canadian example

THE generally peaceful conduct of the March 28, 2015 Nigerian presidential election and the gracious acceptance of defeat by the incumbent President Goodluck Jonathan of the People’s Democratic Party (PDP) strongly signaled that Nigeria may have turned a new page, politically. Other indicators of a new turn for Africa’s largest democratic country and economy are the following firsts in the country’s annals: the widespread innovative use of technology for the process—the use of card readers; the overthrow of the ruling PDP by the General Muhammadu Buhari-led All Progressives Congress (APC) through the ballot box after 16 years of dominance; the election of four none indigenes of a state (Lagos State) as members of the Federal House of Representatives; and the above-average performance of the National Electoral Commission in ways that suggest considerable independence of the electoral umpire.

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